Issue priced at 99.572% of face value and guaranteed by Cemex Corp, with proceeds earmarked for general corporate use including debt repayment.
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Mexican cements (Cemex), will carry out on June 5 the issue of an international bond for up to 1,500 million dollars.The unsecured senior notes, endorsed by its subsidiary Cemex Corp., will have a maturity of 10 years with a fixed annual interest rate of 5.75% and semi-annual payments.The Mexican cement company based in Nuevo León, will allocate the resources for general corporate purposes, which could include the payment of existing debt, worki…